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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (31247)	7/21/2005 12:48:30 PM
From: Rocket Red	Read Replies (3) \| Respond to of 313829

According to McLeod-Seltzer, "Corani, even though its early stage compares very well with the early results to San Cristobal (Apex Silver [AMEX:SIL]), Navidad (Ima Exploration [AMEX:IMA; TSXv:IMA]) and Penasquito (Western Silver [TSX:WTC])." Market capitalization’s on the above range from $121 million to almost $700 million, and even after the recent run up in share price, BCM is still only valued by the market at just over C$60 million. In light of those comparables, McLeod-Seltzer believes that, "the Corani discovery has the potential to move Bear Creek's market capitalization up significantly." The discovery falls within a 2 X 5 km target area, with only a small portion having been tested. Further, its open in all directions and at depth. The company is now stepping out along the original 900m strike to the north and south with two diamond drill rigs and plans to add an RC rig to expedite step out exploration drilling and infill drilling.